Price cut
$1,149,900
· 5.00 acre lot
23910 FM 362 Rd, Waller, TX 77484
Land ·
$6,477/mo est. payment
3D tourFlood factor 1/10
About this home
Prime commercial tract located directly on FM 362 in one of Waller County's fastest-growing corridors. This five acre property offers strong visibility, steady traffic flow, and a clean rectangular layout suited for a wide range of commercial uses. The site includes an existing barndo-style structure with 2 bed, 1 bath, and approx 900 sq ft that can be expanded, used as an office, or rented for immediate income. With no HOA and no restrictions, buyers have full flexibility to develop or repurpose the property as needed. The land provides generous frontage with quick access to Waller, Prairie View, and the Highway 290 expansion path. The tract is level and usable with utilities available, creating a straightforward path for development. Ideal for retail, gas station, service, restaurant with ample parking, flex, office, etc. The surrounding area continues to see strong commercial absorption, supporting long-term value and appreciation potential for an owner-user, investor, or developer.
Facts and features
Exterior and Lot Features
- Fencing: Fenced
- Road Surface Type: Asphalt, Dirt, Gravel
Land Info
- Lot Description: Cleared, Corner Lot, Level, Open Lot, Split Possible
- Lot Size Acres: 5.0001
- Lot Size Source: Survey
- Vegetation: Partially Wooded
- Lot Size Square Feet: 218235
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: H T JONES ELEMENTARY SCHOOL
- Elementary School District: 55 - Waller
- High School: WALLER HIGH SCHOOL
- High School District: 55 - Waller
- Middle School: SCHULTZ JUNIOR HIGH SCHOOL
- Middle or Junior School District: 55 - Waller
Other Property Info
- Annual Tax Amount: 7583
- Source Listing Status: Active
- County: Waller
- Directions: From 290 exit 362 and head north for about 4 miles and property is on frontage road of 362 on right hand side
- Tax Year: 2025
- Restrictions: Horses Allowed,No Restrictions,Unknown
- Source Property Type: Land
- Possible Use: Horses, Multi Family, Single Family
Utilities
- Sewer: Septic Tank
- Cable available
- Electricity available
- Phone available
- Water Source: Connected, Well, Well Installed
Home Features
- Security Features: Security Gate
Schools
- 5
Schultz Junior High School
middle · 6-8 · 3.6 mi
Mary Alice Cure Elementary School
elementary · K-5 · 3.8 mi
- 4
Waller High School
high · 9-12 · 3.8 mi
Grace Christian Academy
elementary · K-12 · 4.7 mi
- 5
Fields Store Elementary School
elementary · K-5 · 3.1 mi
- 5
H T Jones Elementary School
elementary · K-5 · 3.3 mi
Price history
- Oct 21, 2026 · Listed For Rent$2,500
- Jun 18, 2026 · Listed$1,149,900
- May 14, 2026 · Listing Removed—
- Apr 20, 2026 · Listing Removed$2,700
- Apr 17, 2026 · Listing Removed$1,149,900
- Apr 7, 2026 · Price Changed For Rent$2,700
- Mar 16, 2026 · Listed For Rent$3,000
- Dec 16, 2025 · Listed$1,149,900
Tax history
- 2026$9,099 tax · $529,430 assessed
- 2025$7,583 tax · $441,192 assessed
- 2023$6,236 tax · $362,920 assessed
- 2022$3,654 tax · $188,340 assessed
- 2021$3,625 tax · $179,080 assessed
- 2020$3,527 tax · $169,340 assessed
- 2019$3,403 tax · $159,600 assessed
- 2018$4,240 tax · $190,450 assessed
Home value
$409,000
- Collateral Analytics$409,000
Where it is
Listed by Travis Springer · Twin Dove Realty · Houston
